Cost effective maintenance strategy pdf

An analysis of maintenance strategies and development of a. An effective maintenance strategy should include a balance of condition based maintenance predictive maintenance and timebased maintenance preventive maintenance. Evaluating different maintenance management strategies fiix. Measuring maintenance is like investing in the stock market. It is designed to support maintenance and production engineers to achieve dynamic and costeffective maintenance decisions. Maintenance strategy an overview sciencedirect topics. Identify the critical features of a system and determine the most effective strategies to improve system performance and reduce operating costs asset strategy analysis. In the early eighteenth century, there was a scarcity of. Preventative maintenance pm strategy was one of the very first and it is still very effective. Strategic maintenance management 101 what, why and how. The smrp approved provider status allows petroknowledge to host a number of. To ensure an effective maintenance strategy, it must be designed using engineering methodologies to eliminate or minimize the. A maintenance strategy can be defined as a decision rule which establishes a sequence of actions to be undertaken with regard to the operation state of the considered system.

Bever 3 estimates that between 18% and 30% of every dollar spent on maintenance is wasted. As with the earlier reports, the overall aim of this tecdoc is to identify good practices in key aspects of maintenance management, and to communicate them in a way that the information can be used by utilities in member states. Evaluating effective outsourcing strategy in facility management 7777 khk chan hong kong sar, china fig working week 2015 from the wisdom of the ages to the challenges of the modern world sofia, bulgaria, 1721 may 2015 430 the external labor market outsourcing, on the other hand, can take on many forms such as. Prioritising major maintenanceprojects using a business risk matrix. Be bold, be brave and be creative use technology, innovation and new ways of working to radically. Since we expect to run equipment to failure, we will require a large material inventory of repair parts.

By the late 1950s, the cost of maintenance activities in this industry had become high enough to warrant a special investigation into the effectiveness of those activities. The maintenance strategy aims to state how this will be achieved. This highlyinteractive gl o macs maintenance strategy development and cost effective implementation training course emphasizes the most effective strategies, policies, tactics and practices that are needed to ensure the reliability, integrity and durability of the physical assets through their lifecycle. Today, businesses and government agencies alike are demanding greater visibility into project and program performance.

Developing and creating a maintenance strategy plan will depend largely on the assets of the company and the operation of the equipment. Development of equipment maintenance strategy for critical. Our range of products can be used to solve your engine problems in two ways. Preventive and predictive maintenance 700zb00102 42. The advantages of implementing reliability centred maintenance include. Scheduling was considered to be a key performance indicators kpi in evaluating the effectiveness of the maintenance strategy for this research as it shows t he total. The first preventative maintenance form is the usual response used for equipment and parts that show signs of age and wearout. Maintenance technology strategy in us manufacturing. Condition based maintenance in the manufacturing industry. Listed below are some of the maintenance strategy types that you may adapt for your business, with their pros and cons and the situations they will be most effective in.

Which asset maintenance strategy should you be using. An analysis of maintenance strategies and development of a model for strategy formulation a case study master of science thesis in the master degree programme, production engineering. The main objective with this research is to develop a simple and cost effective approach aimed to formulate, implement, and evaluate maintenance strategies for the manufacturing industry. All activities of the management that determine the maintenance strategy, objectives. However, the cost can be minimized through an aggressive facility management program and the use of applicable diagnostic tools. How to apply the correct maintenance strategy to your assets.

Economy of force is a military term used to describe the technique of using only the force necessary to defeat the enemy. Methodology development of an effective maintenance strategy for critical equipment requires a sound. Implementation value for money will be provided by. The mission of femp is to facilitate the federal governments implementation of sound, costeffective energy management and investment practices to enhance the nations energy security and environmental stewardship. The technical meaning of maintenance involves functional checks, servicing, repairing or replacing of necessary devices, equipment, machinery, building infrastructure, and supporting utilities in industrial, business, governmental, and residential installations. Reducing maintenance cost through effective prediction analysis and process integration. Maintenance strategies, which aims at finding tradeoffs between system maintenance expenditure and system risk orand profits, are an important but complex problem 24. The what, why, and how richard grimes 2011 page 9 withstand harsh use, it was built solidly even overbuilt in some cases. Although strategies such as pm and pdm have produced savings of up to 25 percent, some studies have suggested that more than onethird of maintenance costs. Applying our deep reliability expertise with digital baseline strategies, our maintenance strategy development process is rapid, efficient, and allows for customization. Maintenance strategy development and cost effective implementation training in london uk, dubai united arab emirates, kuala lumpur malaysia, istanbul turkey, france paris. Established in 1984, cost effective maintenance cem provides low cost methods to.

A common strategy is to look at leading market indicators to judge how well the investments are going to pay back, which is the lagging indicator. Strategies for maintenance costeffectiveness springerlink. Comparing maintenance strategies based on cost and. Cost effective maintenance, brisbane, queensland, australia. Since repairs are not planned, its a good method to employ for equipment that is not essential for operations or has a low cost think anything thats rarely used or duplicates the function of other equipment. By selecting and applying the most cost effective techniques. Measuring maintenance effectiveness reliable plant. In fact, since the beta parameter of the failure distribution is less than 1, this indicates that the equipment does not experience wearout and there is no optimum preventive replacement time. The probability density function pdf that describes the probability that the. Establishing or reestablishing a maintenance and reli. The elimination of many of these chronic failures through effective maintenance can reduce the cost between 40 and 60%. Read budgeting for facilities maintenance and repair. The higher the risk associated with loss of function the more the application of advanced analysis techniques such as failure modes and effects analysis fmea or reliability centred maintenance rcm might be justified. Over time, this has come to include multiple wordings that describe various costeffective practices to keep equipment operational.

Paper presented at pmi global congress 2012north america, vancouver, british columbia, canada. By selecting and applying the most costeffective techniques. Cost effective maintenance for competitive advantages diva portal. Department of energys federal energy management program femp. When weighted toward running equipment past its design or capabilities, it can lead to frequent, unplanned interventions and associated costs of labor, material and. Drill down from the system to the failure mode level for a quantitative evaluation of how different riskmitigating actions reduce costs, decrease.

Effective maintenance strategy is key to success for. Good practices for cost effective maintenance of nuclear. Look across the whole organisation and differentiate the strategicallycritical good costs from the nonessential bad costs. True reliability is achieved when the most costeffective methods are applied to the assets in the plant, thereby maximizing the maintenance effort with the minimum total cost to the business. To summarize, the development of a maintenance strategy consists of three distinct steps. Methodology development of an effective maintenance strategy for critical equipment requires a. To reduce the to reduce the future increase in maintenance cost, budget should allocate funds for maintenance optimization, predictive maintenance and. This thesis describes the role of cost effective maintenance in achieving.

As a result from this research, a process for the formulation of maintenance strategies has been developed. Proud to have been solving australias engine and machine problems for over 30 years. This article looks at how plant maintenance organizations in the cpi can reevaluate and restructure their maintenance and reliability plans to incorporate industry best practices. An analysis of maintenance strategies and development of a model for strategy formulation a case study gustav fredriksson hanna larsson department of product and production development division of production systems chalmers university of technology goteborg, sweden, 2012. This made breakdown maintenance the most cost effective maintenance practice. Pdf cost effective maintenance for competitve advantages. It comes in two forms 1 inspection and observation and 2 intervention and replacement. Omitting any element will result in poor equipment performance, increased maintenance costs or both. Reducing the cost of preventive maintenance please contact.

Reliability centered maintenance originated in the airline industry in the 1960s. The first preventative maintenance form is the usual response used for equipment and parts that show signs of. D etermining the proper maintenance strategy for a sites assets can be a daunting undertaking. Better yet, the initial focus on functions makes the whole enterprise far, far more effective. Types of maintenance pdf if youve found this article helpful and would like to get your own pdf copy of the article and a supporting presentation that explains the different types of maintenance and when to use them simply. The mission of femp is to facilitate the federal governments implementation of sound, costeffective energy management and investment practices to enhance the nations. Proactive maintenance is always the most costeffective approach. The cost plan will provide an available maintenance budget distribution among the.

This highlyinteractive gl o macs maintenance strategy development and cost effective implementation training course emphasizes the most effective strategies, policies, tactics and practices that are needed to ensure the reliability, integrity and durability of. In this case, the analysis indicates that a runtofailure maintenance strategy will be more cost effective and provide better availability. Reducing maintenance cost through effective prediction. Proactive maintenance is always the most cost effective approach. Decrease in the expected life of capital investments due to inadequate maintenance effective ppm requires. Designing costeffective maintenance strategies ge digital.

Maintenance strategy development and cost effective. If so, is it the most costeffective method at my disposal. Evaluating effective outsourcing strategy in facility. Maintenance key performance indicators introduction. Vision the vision is to provide maintenance that is value for money, effective, business focused and responsive to customer needs. Evaluating maintenance strategies effectiveness on overall.

In reality, during the time we believe we are saving maintenance and capital cost, we. If so, is it the most cost effective method at my disposal. Applying our deep reliability expertise with digital baseline strategies, our maintenance strategy development process. Individual asset maintenance strategy the aim of individual asset maintenance strategy is to stop breakdowns. Economy of force is a military term used to describe the technique of using only the force necessary to. And proud to have been providing you our valued customer with the most cost effective solutions to your maintenance problems. Our investments should be geared to highvalue returns that are provable. Reduce the cost and frequency of asset failures performs maintenance while the asset is working and improves overall equipment reliability. Cost consideration is a key factor in any developed strategy as no key can function without cost input. Reactive maintenance breakdown maintenance also known as breakdown or runtofailure, reactive maintenance is pretty simple. Reliability centred maintenance is an indepth, highly involved process that seeks to analyze all the possible failure modes for each piece of equipment, and customize a maintenance strategy for each individual machine.